Large Retailers Urge Trump Against China Tariffs

Large Retailers Urge Trump Against China Tariffs

On Monday, several large US retail companies, including Wal-Mart, Target, Best Buy, and Macy’s, sent President Donald Trump a letter urging him not to impose massive tariffs on goods imported from China. The Trump administration is said to be preparing tariffs against Chinese information technology, telecommunications and consumer products. The administration said it is their attempt to force changes in Beijing’s intellectual property and investment practices.